iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) Reaches New 1-Year High – Should You Buy?

iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $75.70 and last traded at $75.64, with a volume of 105216 shares. The stock had previously closed at $73.96.

iShares MSCI ACWI ex U.S. ETF Trading Up 2.3%

The stock’s fifty day moving average price is $71.01 and its 200-day moving average price is $69.22. The firm has a market cap of $11.44 billion, a price-to-earnings ratio of 16.03 and a beta of 0.77.

Institutional Trading of iShares MSCI ACWI ex U.S. ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. Brighton Jones LLC acquired a new stake in iShares MSCI ACWI ex U.S. ETF in the 4th quarter valued at approximately $250,000. AQR Capital Management LLC increased its holdings in iShares MSCI ACWI ex U.S. ETF by 8.2% in the 1st quarter. AQR Capital Management LLC now owns 19,813 shares of the company’s stock valued at $1,099,000 after purchasing an additional 1,498 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in iShares MSCI ACWI ex U.S. ETF by 1.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,222,535 shares of the company’s stock valued at $67,790,000 after purchasing an additional 23,283 shares during the last quarter. Qube Research & Technologies Ltd acquired a new stake in iShares MSCI ACWI ex U.S. ETF in the 2nd quarter valued at approximately $1,467,000. Finally, Ieq Capital LLC increased its holdings in iShares MSCI ACWI ex U.S. ETF by 41.6% in the 2nd quarter. Ieq Capital LLC now owns 61,462 shares of the company’s stock valued at $3,746,000 after purchasing an additional 18,045 shares during the last quarter.

iShares MSCI ACWI ex U.S. ETF Company Profile

The iShares MSCI ACWI ex U.S. ETF (ACWX) is an exchange-traded fund that is based on the MSCI AC World ex USA index. The fund tracks the performance of a market-cap-weighted index of international stocks. It captures 85% of the publicly available market, thus excluding small-caps. ACWX was launched on Mar 26, 2008 and is managed by BlackRock.